Genesis Acquires Nursing Home In Garden Grove For $15.25M With Buyer’s Rep Gideon Orion

The asset involved in the transaction is a nursing home located at 13075 Blackbird Street in Garden Grove. The sale was completed for $15,250,000, with a total square footage of 29,000, resulting in a price per square foot of $525.

Summary of transaction details:

• Property Type: Nursing Home
• Transaction Amount: $15,250,000
• Address: 13075 Blackbird Street
• Market: Garden Grove
• Square Footage: 29,000
• Price Per Square Foot: $525
• Buyer: Genesis
• Seller: Kim Galette - Palmcrest Associates
• Buyer's Representative: Gideon Orion - Walker & Dunlop
• Seller's Representatives: Billy Doll - Arroyo Real Estate; William Althouse - WESTMAC Commercial Brokerage Company

The transaction featured multiple key representatives. Gideon Orion represented the buyer, Genesis, while Kim Galette, as the seller, was represented by Billy Doll from Arroyo Real Estate and William Althouse from WESTMAC Commercial Brokerage Company.